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ARC Announces Quarterly Dividend

ARC Document Solutions (NYSE:ARC) has declared a quarterly cash dividend of $0.05 per share.

(Neutral)

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Rhea-AI Summary

ARC Document Solutions (NYSE:ARC) has declared a quarterly cash dividend of $0.05 per share. This dividend will be payable on May 31, 2023 to shareholders of record by April 28, 2023. The ex-dividend date is set for April 29, 2023. This announcement underscores ARC's commitment to returning value to its shareholders while continuing to partner with prominent brands using advanced digital printing technologies and sustainable practices across various industries.

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Positive

  • Quarterly cash dividend of $0.05 per share demonstrates confidence in financial stability and commitment to shareholder returns.
  • Payment date of May 31, 2023, provides timely income opportunity for investors.

Negative

  • None.
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News Market Reaction – ARC

The recorded move for ARC in the trading session of this news was +5.21%.

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SAN RAMON, CA / ACCESSWIRE / February 9, 2023 / ARC Document Solutions, Inc. (NYSE:ARC) on Thursday announced that its board of directors declared a quarterly cash dividend of $0.05 per share. The dividend is payable May 31, 2023 to shareholders of record as of April 28, 2023. The ex-dividend date will be April 29, 2023.

About ARC Document Solutions (NYSE:ARC)

ARC partners with top brands around the world to tell their stories through visually compelling graphics. We use advanced digital printing technology, sustainable materials, and innovative techniques to bring their vision to life. ARC also provides other digital printing and scanning services to a wide variety of industries all over North America and in select markets around the world. Follow ARC at www.e-arc.com.

Contact Information:

David Stickney
VP Corporate Communications & Investor Relations
925-949-5114

SOURCE: ARC Document Solutions



View source version on accesswire.com:
https://www.accesswire.com/738854/ARC-Announces-Quarterly-Dividend

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by ARC?

ARC has declared a quarterly cash dividend of $0.05 per share.

When is the dividend payable for ARC?

The dividend is payable on May 31, 2023.

What is the ex-dividend date for ARC's dividend?

The ex-dividend date is April 29, 2023.

Who is eligible to receive the dividend from ARC?

Shareholders of record as of April 28, 2023, are eligible to receive the dividend.

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